Advanced Info Service Public (OTCMKTS:AVIFY) Shares Gap Up – Time to Buy?

Shares of Advanced Info Service Public Co. (OTCMKTS:AVIFY) gapped up prior to trading on Wednesday . The stock had previously closed at $11.18, but opened at $12.65. Advanced Info Service Public shares last traded at $12.65, with a volume of 2,000 shares traded.

Advanced Info Service Public Trading Up 6.5%

The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.86 and a current ratio of 0.89. The company has a 50 day simple moving average of $11.52 and a two-hundred day simple moving average of $11.44. The firm has a market cap of $37.62 billion, a PE ratio of 22.59 and a beta of 0.06.

Advanced Info Service Public (OTCMKTS:AVIFY) last announced its quarterly earnings data on Friday, August 7th. The technology company reported $0.14 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.14. Advanced Info Service Public had a return on equity of 50.07% and a net margin of 23.42%.The firm had revenue of $1.71 billion during the quarter, compared to analysts’ expectations of $1.70 billion.

Advanced Info Service Public Company Profile

Advanced Info Service Public Company Limited (OTCMKTS: AVIFY), commonly known as AIS, is a Thailand-based telecommunications provider offering a range of mobile and digital services. The company operates nationwide mobile networks and provides voice and data plans for prepaid and postpaid customers, as well as international roaming and value-added mobile services. AIS is publicly listed in Thailand and also trades over the counter under the AVIFY ticker.

Beyond core mobile services, AIS has expanded into fixed broadband and digital platforms.